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The hackers behind the massive WannaCry cyberattack have succeeded in extracting some ransom payments from people locked out of their computers. But they don’t yet have dollars to show for it. Source: Hackers Just Stole $66,000 in Bitcoin. Now What? – WSJ All that effort and misery for $66? They must just wanna cry.

A California man named Ronald Charles Reed has been sentenced to prison for partnering with Wells Fargo employees to steal customer data in connection with the bank’s fake accounts scandal, the Journal reported. “Mr. Reed pleaded guilty in March to bank fraud and aggravated identity theft, the U.S. Attorney’s Office said. Mr. Reed, also known…

On Tuesday the US attorney for the southern district of New York unsealed criminal charges against three Chinese hackers who successfully breached the networks of some unnamed Wall Street law firms and obtained confidential information that allowed them to make a $4 million profit, reported the Financial Times. “Once inside, the trio targeted the email…

Five EU countries said they want the European Commission to propose legislation that would make it easier for police to crack through encryption technology. Source: Five member states want EU-wide laws on encryption

The attacks mark a new technique for cybercriminals, who traditionally stole money from consumer banking accounts or hit ATMs with fraudulent cards or other tricks on a single machine. Over the past 18 months, some criminals have turned to bank networks, breaking in and then finding ways to make dozens of machines unload their cash…